William And Lisa Mcgahan Family Foundation Inc

Organization Overview

William And Lisa Mcgahan Family Foundation Inc is located in Dorado, PR. The organization was established in 2012. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. William And Lisa Mcgahan Family Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

Since 2020, William And Lisa Mcgahan Family Foundation Inc has awarded 87 individual grants totaling $659,955. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

CHARITABLE AND EDUCATIONAL PURPOSES. GIFTS AND GRANTS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)3 OF THE INTERNAL REVENUE CODE. THE FOUNDATION MADE 27 CHARITABLE GIFTS TO VARIOUS NOT-FOR-PROFIT ORGANIZATIONS. THE GIFTS WERE TO ASSIST PEOPLE IN NEED AND TO FUND EDUCATIONAL INSTITUTIONS.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $58,412
Dividends & Interest $14,879
Net Rental Income$0
Net Gain on Sale of Assets -$444,464
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue -$371,173

Grants Awarded

Over the last fiscal year, William And Lisa Mcgahan Family Foundation Inc has awarded $127,972 in support to 23 organizations.

Grant RecipientAmount

CORNELL UNIVERSITY

PURPOSE: GENERAL SUPPORT

$71,429

Atlanta, GA

PURPOSE: GENERAL SUPPORT

$15,000

WESTMINISTER

PURPOSE: GENERAL SUPPORT

$10,000

Atlanta, GA

PURPOSE: GENERAL SUPPORT

$10,000

FROM HOUSES TO HOMES

PURPOSE: GENERAL SUPPORT

$6,000

GREENHOUSE SCHOLARS

Org PageRecipient Profile

Boulder, CO

PURPOSE: GENERAL SUPPORT

$5,000
View Grant Profile

Peer Organizations

Organization NameAssets
Hospital Menonita Caguas Inc
Cidra, PR
$113,843,157
Salud Integral En La Montana Inc
Naranjito, PR
$106,337,219
Migrant Health Center
Mayaguez, PR
$107,297,310
Hospital De La Concepcion Inc
San German, PR
$92,905,006
Hospital Damas Inc
Ponce, PR
$73,414,103
Presbyterian Community Hospital Inc
San Juan, PR
$70,919,559
Pontifical Catholic University Of Puerto Rico
Ponce, PR
$97,269,712
Cossma Inc
Cidra, PR
$66,362,775
Neomed Center Inc
Gurabo, PR
$60,486,712
Hospital Menonita Guayama Inc
Cidra, PR
$86,573,108
Hpm Foundation Inc
San Juan, PR
$56,807,836
Ryder Memorial Hospital Inc
Humacao, PR
$48,860,156

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